Navios Maritime Partners (NMM) CEO adds common units under Rule 10b5-1 plan
Rhea-AI Filing Summary
Navios Maritime Partners L.P. reporting person Angeliki Frangou, Chief Executive Officer and Chairwoman, reported indirect open-market purchases of 3,348 common units on July 15–17, 2026 at weighted average prices of $74.3615, $75.1300 and $72.6181 per unit. The transactions were executed by affiliated entity Raymar Investments S.A. under a Rule 10b5-1 trading plan with UBS Financial Services Inc. Following these trades, she beneficially owns 4,772,131 common units indirectly and 366,776 common units directly, plus 622,296 general partnership units held by Olympos Maritime Ltd., representing approximately 2.1% ownership interest in Navios Maritime Partners L.P.
Positive
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Insider Trade Summary 10b5-1
Net Buyer: 3,348 shares
Net Buy
5 txns
Insider
Frangou Angeliki
Role
See Remarks
Bought
3,348 shs ($248K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Unit F1, F2, F5 | 1,119 | $72.6181 | $81K |
| Purchase | Common Unit F1, F2, F4 | 1,111 | $75.13 | $83K |
| Purchase | Common Unit F1, F2, F3 | 1,118 | $74.3615 | $83K |
| holding | Common Unit | -- | -- | -- |
| holding | General Partnership Unit F6 | -- | -- | -- |
Holdings After Transaction:
Common Unit — 4,772,131 shares (Indirect, See footnote);
Common Unit — 366,776 shares (Direct);
General Partnership Unit — 622,296 shares (Indirect, See footnote)
Footnotes (6)
- F1. The transactions reported herein were made pursuant to a Rule 10b5-1 trading plan between Raymar Investments S.A., an entity affiliated with Ms. Frangou, and UBS Financial Services Inc. adopted on December 9, 2025.
- F2. The transactions reported herein were effected in multiple transactions each day at prices ranging from (1) $73.47 to $75.85 on July 15, 2026; (2) $74.75 to $75.54 on July 16, 2026; and (3) $71.82 to $73.47 on July 17, 2026. The prices reported above reflect the weighted average purchase prices on each such day for the transactions reported herein. The Reporting Person hereby undertakes to provide upon request to the Staff of the Securities and Exchange Commission, the issuer, or any security holder of the issuer full information regarding the number of shares and the prices at which these reported transactions were effected each day.
- F3. The number of common units beneficially owned by Ms. Frangou includes (i) 3,183,199 common units owned indirectly through N Shipmanagement Acquisition Corp., an entity affiliated with her; (ii) 1,489,115 common units in the aggregate owned indirectly through three other entities affiliated with her and (iii) 97,587 common units owned through Raymar Investments S.A., an entity affiliated with Ms. Frangou, pursuant to a Rule 10b5-1 trading plan with UBS Financial Services Inc as of July 15, 2026.
- F4. The number of common units beneficially owned by Ms. Frangou includes (i) 3,183,199 common units owned indirectly through N Shipmanagement Acquisition Corp., an entity affiliated with her; (ii) 1,489,115 common units in the aggregate owned indirectly through three other entities affiliated with her and (iii) 98,698 common units owned through Raymar Investments S.A., an entity affiliated with Ms. Frangou, pursuant to a Rule 10b5-1 trading plan with UBS Financial Services Inc as of July 16, 2026.
- F5. The number of common units beneficially owned by Ms. Frangou includes (i) 3,183,199 common units owned indirectly through N Shipmanagement Acquisition Corp., an entity affiliated with her; (ii) 1,489,115 common units in the aggregate owned indirectly through three other entities affiliated with her and (iii) 99,817 common units owned through Raymar Investments S.A., an entity affiliated with Ms. Frangou, pursuant to a Rule 10b5-1 trading plan with UBS Financial Services Inc as of July 17, 2026.
- F6. Olympos Maritime Ltd., an entity affiliated with Ms. Frangou, is the general partner (the "General Partner") of Navios Maritime Partners L.P. ("NMM"). As of July 17, 2026, the General Partner owns 622,296 general partnership units, representing an approximately 2.1% ownership interest in NMM based on all outstanding common units and general partnership units.
Key Figures
Total common units purchased: 3,348 common units
Purchase price July 15, 2026: $74.3615 per unit
Purchase price July 16, 2026: $75.1300 per unit
+5 more
8 metrics
Total common units purchased
3,348 common units
Aggregate units purchased on July 15–17, 2026 under Rule 10b5-1 plan
Purchase price July 15, 2026
$74.3615 per unit
Weighted average purchase price for 1,118 common units on July 15, 2026
Purchase price July 16, 2026
$75.1300 per unit
Weighted average purchase price for 1,111 common units on July 16, 2026
Purchase price July 17, 2026
$72.6181 per unit
Weighted average purchase price for 1,119 common units on July 17, 2026
Indirect common units held
4,772,131 common units
Indirect common units beneficially owned after July 17, 2026 purchases
Direct common units held
366,776 common units
Directly owned common units as of July 15, 2026
General partnership units held
622,296 units
General partnership units owned by Olympos Maritime Ltd. as of July 17, 2026
Ownership interest via GP units
2.1%
Approximate ownership interest in Navios Maritime Partners L.P. represented by GP units
Key Terms
Rule 10b5-1 trading plan, weighted average purchase prices, beneficially owned, general partnership units
4 terms
Rule 10b5-1 trading plan regulatory
"The transactions reported herein were made pursuant to a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average purchase prices financial
"The prices reported above reflect the weighted average purchase prices on each such day"
beneficially owned financial
"The number of common units beneficially owned by Ms. Frangou includes (i) 3,183,199 common units"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
general partnership units financial
"the General Partner owns 622,296 general partnership units, representing an approximately 2.1% ownership"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
Were the recent NMM insider trades by Angeliki Frangou under a Rule 10b5-1 plan?
Yes. The filing states the transactions were made under a Rule 10b5-1 trading plan between Raymar Investments S.A., an entity affiliated with Ms. Frangou, and UBS Financial Services Inc., adopted on December 9, 2025.
What are Angeliki Frangou’s NMM common unit holdings after these transactions?
After the reported purchases, Ms. Frangou beneficially owns 4,772,131 common units indirectly and 366,776 common units directly. Indirect holdings are through several affiliated entities, including N Shipmanagement Acquisition Corp. and other affiliated entities described in the footnotes.
At what price range were the NMM insider purchases executed?
The trades occurred in multiple transactions each day within ranges of $73.47–$75.85 on July 15, $74.75–$75.54 on July 16, and $71.82–$73.47 on July 17, 2026. The Form 4 reports weighted average purchase prices for each day.
How many general partnership units linked to NMM does Angeliki Frangou control?
An affiliated entity, Olympos Maritime Ltd., as General Partner of Navios Maritime Partners L.P., owns 622,296 general partnership units. As of July 17, 2026, this represents an approximately 2.1% ownership interest in Navios Maritime Partners L.P.
Which affiliated entities hold NMM units for Angeliki Frangou?
Footnotes state Ms. Frangou’s beneficial ownership includes units held through N Shipmanagement Acquisition Corp., three other affiliated entities, and Raymar Investments S.A.. Raymar executed the reported purchases under a Rule 10b5-1 trading plan with UBS Financial Services Inc.